Saturday, August 20, 2016
Department Stores Surge on Latest Earnings Results -- Is the Rally Sustainable?
TJX is more of a discount competitor, and I noted that at Nordstrom, their Rack brand segment actually delivered 5.3% comparable-sales growth compared to the core flagship Nordstrom line.
http://www.fool.com/investing/2016/08/19/department-stores-surge-on-latest-earnings-results.aspx
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